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Share your dilemmas and get honest opinions from other Mumsnetters.

Rough' tax rises on the way

209 replies

Violashift · 01/11/2022 10:13

What does this even mean? I can't take much more. Not with the rising energy prices and the absolute mess up of the mortgage interest rates rising.

How will people survive? Already we have not had pay rises and now we will all probably be taxed more.

I feel at the end of my tether. It's really affecting my mental health.

OP posts:
Verbena87 · 01/11/2022 11:12

luxxlisbon · 01/11/2022 10:33

Personally I can’t get on board with a low tax economy. I don’t know why tories like Truss bang on about it so much. It’s at complete odds to what most people expect in a modern society in terms of healthcare, welfare state, education and public services.
Public services have been crippled for the last 12 years, this isn’t just covid or the mini budget, it’s a decade of Tory rule decimating services.
I think a progressive tax increase is necessary. Probably something like 1% rise starting at about 35k/40 and rising up the bands.
What we do not need is a tax cut to those over 150k.
Given the energy crisis and the gross profits from the likes of shell and BP a tax should be placed on them to deal with the current situation.
We should also stop pissing about and being squashed by big companies like Amazon and go after them for the tax they owe.

yes, this!

Ifailed · 01/11/2022 11:22

This country has been living on the never never for decades. We make very little now, relying on importing goods from countries with low or no protection for their workforce, import most of our food, have sold off most of our infrastructure to foreign governments and in return offer the world "services".

A lot of these "services" are somewhat dubious, relying on sleight of hand and financial shenanigans to magically create "wealth" which can easily come tumbling down (see recent wobble over pension funds where a trillion pounds nearly disappeared - did it fall down the back of a sofa?).

AI will soon replace a lot of these wonderful "services"; what's left to bring in the desperately needed Dollar, Euro and Renminbi - an end-of-pier show based on the ludicrous Royal Family?

We can't go on like this. We are not a Global power, it's time to stop swaggering around interfering with other countries conflicts & dutifully following the USA into all of it's mismanaged, military-led interventions. We don't need any aircraft carriers, let alone two new ones that break down, much to the amusement of the 100s of countries that get by with none.

We can't treat our sick, we can't care for our frail, we can't house our homeless and we can't warm our cold. I hate to think how things will look in 10 or 20 years time.

Kendodd · 01/11/2022 11:23

Hyperion100 · 01/11/2022 10:45

Feels crazy when you could add 4% to GDP overnight which would recoup 40 billion in tax revenue just by rejoining the single market.

Infact, if we fully rejoin the EU we wont have to pay 35 billion in divorce payments.

Then windfall tax the oil companies to raise another 5 to 7 billion

Then go after the 16 billion lost in covid lion and contract fraud

Then go after the large corps who pay next to no tax.

But no...they will squeeze the middle yet again. Just like they always do.

Completely agree.
Rejoining the EU won't happen though because they won't let us (I don't blame them).
Rejoining the SM won't happen because Brexit voters would sooner we all starve. Plus, we won't be free to dump shit in the sea anymore.
Tories won't go after big business because the whole party is in the pocket of big business and they have to deliver for their sponsors.

Kendodd · 01/11/2022 11:27

DazzlePaintedBattlePants · 01/11/2022 10:45

Agree the complete lack of accountability is doing me in. I am beginning to lose faith in the social contract. I work hard, higher rate tax payer and have no problem paying tax. But increasingly I feel like saying "fuck that" because this government just pisses it up the wall. My kids' school has no money, the NHS is on its knees, our local bus route has just had its timetable halved.

I'm not paying tax for the likes of Truss and Kwarteng to pretend its Monopoly money. Shame on them; there should be some kind of criminal charges against them.

Instead of criminal charges, Truss is going to get nearly 200k a year from us.

WorrieaboutFIL · 01/11/2022 11:30

TAX THE RICH
TAX THE MEGA CORPORATIONS

Grumpybutfunny · 01/11/2022 11:36

Hopefully they get rid of the triple lock and benefits rises if public sector pay is to be frozen. Our main pay will be frozen but our sideline can make up for some of the shortfall.

What annoys me about the help the bottom the most, is it takes away the pay premium of the higher paid who shoulder the tax burden. Whats the point in doing a high stress job for not much more than someone doing a much less stressful job. To me that part for the Tory plan doesn't work as it doesn't stimulate growth and aspiration. I could accept say a 1% tax rise across the board as that is fair, along with cutting all unessential spending.

In effect the country needs a debit management plan, I wish they would put it out to a public vote of where they want to see the cuts;

My priorities would always be
Education
Health
Defence
emergency services
Including fair pay to retain the best staff in these sectors.

What is left can then be divided amongst the other things that are nice to have in a western society but we really can't afford. Things like free bus passes, warm home grants, universal free school meals and things like council spending on potted plants need to stop. Our local council includes pest control as a free service.....it's called a cat and paying for any other issues (we are rural it happens)!!!

Why they gave everyone £600 for energy is also beyond me, our rebate paid the entire energy bill last month as we invested in solar power. Paying for solar panels/ground source heat pumps for homes would be a much more long term solution and could even be as the form of a loan added to council tax of a property.

It's time for reform of something's being extras provided by the government that you pay for if you want them. So say remove refuge collection from council tax the you can pay the council X for it or a private company Y

hellesbells · 01/11/2022 11:42

YuzuP · 01/11/2022 10:18

We need tax rises unfortunately - I felt a red mist descend on reading the details of the mini budget. We can’t furlough people and businesses over what turned out to be a bad flu (why oh why was it not just the vulnerable who stayed at home and were furloughed?) and then not pay it back as a society. The books have got to be balanced.

OR - everyone who received furlough can pay it back. I don’t think that would be popular.

You mean companies should pay back furlough right? The people who were furloughed had no choice

Booklover3 · 01/11/2022 11:54

It’s looking increasingly bleak

Threadkillacilla · 01/11/2022 11:57

Kendodd · 01/11/2022 10:38

It's more cuts to public services that worry me the most. I've been saying for a while that the biggest thing the government could do to reduce poverty in the UK is a massive social house building project, make council housing landlord of first resource not last. Hasn't Tory brexit cost the economy 4% or something ax well?

I do think, on all of these poverty, poor public services etc threads, if you consistently vote Tory, you have no right to complain, this is what you voted for, you can own the consequences.

Absolutely.
lower standards of services plus lower income plus more poverty will be so destructive and damaging long term it will take decades to recover.

I can't shake the feeling that the Tories know the next GE is lost so will just have a fire sale on their way out.

IndigoC · 01/11/2022 11:58

YuzuP · 01/11/2022 10:18

We need tax rises unfortunately - I felt a red mist descend on reading the details of the mini budget. We can’t furlough people and businesses over what turned out to be a bad flu (why oh why was it not just the vulnerable who stayed at home and were furloughed?) and then not pay it back as a society. The books have got to be balanced.

OR - everyone who received furlough can pay it back. I don’t think that would be popular.

Revisionist BS. Over 200,000 British people have died of this “flu”.

sst1234 · 01/11/2022 12:03

Yes taxes are about to rise and public services will be cut further.

To pay for the lockdown largesse.

What did people think would happen when they were sat at home enjoying the leisurely lifestyle for months with the economy completely shut down? Did they think there would be no consequence of printing half a trillion £. Folks couldn’t get enough of the restriction and wholesale destruction of the economy. They were ready to shop their neighbours for taking a second walk of the day. If you were stupid enough to support locking up healthy adults and shutting down the economy, perhaps you’re too stupid to see this as an inevitable consequence.

sst1234 · 01/11/2022 12:04

IndigoC · 01/11/2022 11:58

Revisionist BS. Over 200,000 British people have died of this “flu”.

False.

Those people died within 28 days of testing positive for this flu. Even someone who died in a car crash within 28 days was recorded this way.

Believeitornot · 01/11/2022 12:05

YuzuP · 01/11/2022 10:18

We need tax rises unfortunately - I felt a red mist descend on reading the details of the mini budget. We can’t furlough people and businesses over what turned out to be a bad flu (why oh why was it not just the vulnerable who stayed at home and were furloughed?) and then not pay it back as a society. The books have got to be balanced.

OR - everyone who received furlough can pay it back. I don’t think that would be popular.

It was a novel virus.

And it isn’t mild flu FFS. Look at the “unexplained” high death rates and increase in heart disease even after an initially mild infection. Plus long covid.

The issue was letting companies claim for furlough (not individuals!!!!) which opened it up to huge fraud. Better to have done it via individuals as the scope for fraud is much lower.

The government was right to take action - as did many other governments. Whether it took the right action is another matter but don’t bleat about Sweden (which did close some schools by the way!).

The problem is and always was the abject failure of austerity (and Brexit!) which hamstrung the economy. I remember at the start of Covid, there were noises about dealing Brexit because experts knew it would hit the UK hard while dealing with a pandemic.

If the 2010 Conservative government had invested in infrastructure ie borrowed to invest, we would have had a stronger economy and be on a better footing now.

When will people wake up and realise that Neo-liberal economic policies do not work for the majority. It’s elite economics - the rich get richer and we all sink. They dress it up as “austerity”, “oh the rich are the ones that invest” etc and find enemies such as the workless, asylum seekers etc to distract from the reality.

Believeitornot · 01/11/2022 12:05

sst1234 · 01/11/2022 12:04

False.

Those people died within 28 days of testing positive for this flu. Even someone who died in a car crash within 28 days was recorded this way.

You’ve got to back up your bullshit please.

MarshaBradyo · 01/11/2022 12:06

hellesbells · 01/11/2022 11:42

You mean companies should pay back furlough right? The people who were furloughed had no choice

Tbf most companies would not have chosen to be closed either. So I wouldn’t do this, plus probably drive many out of business.

The lockdown demands were across the public too

sst1234 · 01/11/2022 12:06

hellesbells · 01/11/2022 11:42

You mean companies should pay back furlough right? The people who were furloughed had no choice

Stop with the false dichotomy.

The choice was between locking down only the elderly and locking down everyone. But the hysterical shrieking was off the scale in favour or locking down everyone. Well, now the chickens have come home to roost.

YuzuP · 01/11/2022 12:06

IndigoC · 01/11/2022 11:58

Revisionist BS. Over 200,000 British people have died of this “flu”.

Except they were recorded as having died “with it” if they died of any reason within 28 days of a diagnosis! So if I had been run over by a bus a week after recovering from covid, I would have been included in those numbers. It’s a load of bollocks!

sst1234 · 01/11/2022 12:07

Believeitornot · 01/11/2022 12:05

You’ve got to back up your bullshit please.

Look it up. There’s this thing called Google. Or do you need a govt press conference to spoon feed you basic facts.

OnBoardTheHeartOfGold · 01/11/2022 12:08

I'd happily pay more tax if public services (especially schools and healthcare) are at a good standard AND I can afford to feed my family and pay my bills!
The only real solution is all those companies making huge profits pay their fair share of tax and all companies pay fair wages

YuzuP · 01/11/2022 12:09

Needs spoon feeding.
coronavirus.data.gov.uk/details/deaths

sst1234 · 01/11/2022 12:10

Kendodd · 01/11/2022 11:27

Instead of criminal charges, Truss is going to get nearly 200k a year from us.

This post is an example of how the electorate is clueless. These people think Truss’ 4 weeks in power caused this and not 14 years of money printing worth one trillion £ or the low productivity economy created under nu Labour.

As long as the electorate lacks a grasp on basic economic principles, stuff like this will keep happening.

Believeitornot · 01/11/2022 12:12

sst1234 · 01/11/2022 12:07

Look it up. There’s this thing called Google. Or do you need a govt press conference to spoon feed you basic facts.

Google tells me your claim about covid on car crash death certificates is Bull Shit.

Believeitornot · 01/11/2022 12:12

sst1234 · 01/11/2022 12:10

This post is an example of how the electorate is clueless. These people think Truss’ 4 weeks in power caused this and not 14 years of money printing worth one trillion £ or the low productivity economy created under nu Labour.

As long as the electorate lacks a grasp on basic economic principles, stuff like this will keep happening.

What was growth under New Labour from 1997 to 2010?

Believeitornot · 01/11/2022 12:13

YuzuP · 01/11/2022 12:06

Except they were recorded as having died “with it” if they died of any reason within 28 days of a diagnosis! So if I had been run over by a bus a week after recovering from covid, I would have been included in those numbers. It’s a load of bollocks!

Also bullshit.

Believeitornot · 01/11/2022 12:14

That link says death within 28 days of a covid test? What has that got to do with car crashes on death certificates?

Where do you get your news from?

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